Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business, Safety

CVTA: Driver Learner Permit, CDL Testing Delays Persist

More than one-third of state driver’s license agencies continue to face moderate to significant delays in conducting commercial learner permit knowledge tests, commercial driver license skills tests or actual issuance of the physical learner permits, according to a new survey by the Commercial Vehicle Training Association.

Eric Miller | Senior Reporter
August 6, 2020
Government, Business, Technology, Safety

Driver-Assist Technologies Touted at FMCSA Truck Safety Summit

The importance of hiring skilled drivers, the prospects for success with hair-based drug tests, the critical need for infrastructure funding and the promise of technology — especially as it relates to onboard vehicle systems — were among subjects discussed at an all-day Federal Motor Carrier Safety Administration Aug. 5 truck safety summit.

Eric Miller | Senior Reporter
August 6, 2020
Business, Technology, Fuel, TCA

Cadillac Set to Debut First All-Electric Vehicle

Cadillac is turning to its next chapter as an electric-vehicle brand with the debut of the 2022 Cadillac Lyriq crossover.

Kalea Hall | The Detroit News
August 6, 2020
Government, Business, Logistics

USPS Election Role Becomes Flashpoint in Stimulus Talks

House Democrats want to throw a financial lifeline to the struggling U.S. Postal Service amid concerns that mail delays could lead to hundreds of thousands of legitimate votes being thrown out, potentially skewing the election. Senate Republicans say the money isn’t needed.

August 6, 2020
Business, Top 100

Daseke Reports Q2 Revenue of $351.7 Million

Daseke Inc. reported second-quarter net income climbed out of the red compared with the year-ago period, lifted by changes over the past year to operational and cost improvement plans.

Connor D. Wolf | Staff Reporter
August 6, 2020
Government, Business

White House, Democrats Locked in Standoff as Deal Deadline Looms

The White House and congressional Democrats are locked in a standoff over the size and breadth of a new virus relief package, with their self-imposed Aug. 7 deadline for a deal looming.

August 6, 2020
Business, Technology, Safety, Autonomous

AAA: Partially Automated Driving Systems Don’t Always Work

Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their use.

Tom Krisher | Associated Press
August 6, 2020
Business, Equipment

July Class 8 Orders Lift Off Along With Freight Volumes

North American Class 8 orders in July inched past replacement levels and increased 98% compared with a year ago, ACT Research reported.

Roger Gilroy | Senior Reporter
August 6, 2020
Government, Business

US Jobless Claims Fall More Than Forecast to Pandemic Low

U.S. applications for unemployment benefits fell more than expected last week to the lowest since the pandemic started, in a broad decline across nearly all states, suggesting the labor market is improving.

Reade Pickert | Bloomberg News
August 6, 2020
Government, Business

New York Gov. Andrew Cuomo Takes Reins of Governors Association

New York Gov. Andrew Cuomo emphasized the importance of recovery and revival as he accepted the role of chairman of the National Governors Association.

Eleanor Lamb | Staff Reporter
August 6, 2020